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Guynn Corporation's Most Recent Balance Sheet and Income Statement Appear

Question 17

Multiple Choice

Guynn Corporation's most recent balance sheet and income statement appear below: Guynn Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $10 thousand. Dividends on preferred stock totaled $5 thousand. The market price of common stock at the end of Year 2 was $7.05 per share. -The return on common stockholders' equity for Year 2 is closest to: A) 7.33% B) 6.67% C) 5.88% D) 6.47% Guynn Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $10 thousand. Dividends on preferred stock totaled $5 thousand. The market price of common stock at the end of Year 2 was $7.05 per share. -The return on common stockholders' equity for Year 2 is closest to: A) 7.33% B) 6.67% C) 5.88% D) 6.47% Dividends on common stock during Year 2 totaled $10 thousand. Dividends on preferred stock totaled $5 thousand. The market price of common stock at the end of Year 2 was $7.05 per share.
-The return on common stockholders' equity for Year 2 is closest to:


A) 7.33%
B) 6.67%
C) 5.88%
D) 6.47%

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